Iran auto output up 4% in 10 months

Financial Tribune – Iran’s automotive output increased by 4% during the 10 months ending Feb. 19 compared to a year earlier.

According to data published by the Persian economic daily Donya-e-Eqtesad, Iran produced 786,347 passenger vehicles of different models during the period, which is 29,478 more than the year-ago months.

No data have been released on the production rate of commercial vehicles and buses.

From a detailed viewpoint, Iran Khodro’s (IKCO) production raised 2.2% in the 11-month period to reach 354,982 units. The figure was 7,734 higher than in the same period of last year.

Besides passenger vehicles, IKCO manufactures commercial vehicles, including vans, pickups, trucks and buses. However, during the period under review, IKCO halted the production lines of several models of commercial vehicles.